Aerostat Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global aerostat industry. The report analyzes and declares the historical and current trends analysis of the global aerostat industry and subsequently recommends the projected trends anticipated to be observed in the global aerostat market during the upcoming years.

The global aerostat market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire global aerostat market. The historical and past insights are providedforFY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the global aerostat industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the global aerostat industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global aerostat market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the global aerostat industry. The global aerostat market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the global aerostat sector. Key strategic developments in the global aerostat market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global aerostat market are appropriately highlighted in the report.

Using the advanced surveillance systems, the defense department is able to trace the illicit entrance & exit from the regional premises. Surveillance involves a huge investment for collecting the intelligence-based information and transmitting it to the defense department. Operating a fleet of aircraft 24/7 for uninterrupted surveillance services is an expensive protocol and has some limitations as well, such as refilling of fuel, regular maintenance, and expertise pilots to operate the flight. Therefore, the military services have opted for aerostats, which can float in the air for longer durations using buoyant air.

The global aerostat market research report delivers an acute valuation and taxonomy of the global aerostat industry by practically splitting the market on the basis of different product types, classes, propulsion types, payloads, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the global aerostat industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the global aerostat industry is provided for the leading economies of the world.

The global aerostat market is segmented based on the product type, class, propulsion type, payload, application, and region. Product-wise, the global aerostat industry is segmented into airship, hybrid, and balloon. Based on the class, the global market is categorized into large-sized, compact-sized, and mid-sized. By the propulsion system, the global sector is bifurcated into unpowered and powered. On the basis of payload, the aerostat market is classified into communication intelligence, surveillance radar, an inertial navigation system, electro-optic/infrared sensors (EO/IR), electronic intelligence, and cameras. Application-wise, the industry is divided into commercial and military.

Report Scope

Some of the essential players operating in the global aerostat market, but not restricted to include

• Rafael Advanced Systems
•  Augur Rosaerosystems
•  Lockheed Martin Corporation
•  Exelis
•  Hybrid Air Vehicles
•  TCOM L.P.
•  Aeroscraft Corporation
•  Raytheon Company
•  Lindstrand Technologies
•  ILC Dover
•  Near Space Systems
•  Raven Industries
•  AllsoppHelikites
•  RT LTA Systems Ltd.

The taxonomy of the global aerostat Market by its scope and segmentation is as follows:

Product Type Segmentation Analysis

• Airship
• Hybrid
• Balloon

Class Segmentation Analysis

• Large-sized
• Compact-sized
• Mid-sized

Propulsion System Segmentation Analysis

• Unpowered
• Powered

Payload Segmentation Analysis

• Communication intelligence
• Surveillance radar
• Inertial navigation system
• Electro-optic/Infrared sensors (EO/IR)
• Electronic intelligence
• Cameras

Application Segmentation Analysis

• Commercial
• Military

Global Aerostat Market: Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa